China, bi-flation and exploding televisions

It was a luncheon speech that must have put some of the delegates at CSFB's Asian Investment Conference off their food. Newbridge Capital's co-managing partner, Weijian Shan delivered an incisive and brilliant speech without notes on China's current growth model and why it must change, or else fail. Here we reprint the speech in full

I am talking today about a subject that has caught the imagination of almost every investor in the world, and that is...